Earnings Volatility Drives Anntaylor Stores and These Stocks in a New Direction
AnnTaylor Stores Corp. (NYSE:ANN) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 20.63% to $0.76 in the quarter versus EPS of $0.63 in the year-earlier quarter. Revenue Rose 7.28% to $638.2 million from the year-earlier quarter.
AnnTaylor Stores Corp. reported adjusted EPS income of $0.76 per share. By that measure, the company beat the mean analyst estimate of $0.65. It missed the average revenue estimate of $639.38 million.